Kazuomi Ito signed an agreement to acquire an additional 51.7% stake in SKIYAKI LIVE PRODUCTION Co., Ltd. from SKIYAKI Inc. (TSE:3995) on May 10, 2021. As per the transaction, Kazuomi Ito will acquire 0.065 million shares. Post completion, SKIYAKI Inc. will hold 0.045 million shares representing 35.4% stake of SKIYAKI LIVE PRODUCTION Co., Ltd. Before this transaction, Kazuomi Ito owns 7.2% stake of SKIYAKI LIVE PRODUCTION Co., Ltd. The Board of Directors has passed the resolution for the transaction and completion is planned on May 10, 2021. Kazuomi Ito completed the acquisition of an additional 51.7% stake in SKIYAKI LIVE PRODUCTION Co., Ltd. from SKIYAKI Inc. (TSE:3995) on May 10, 2021.